THE BUNGALOW, SKINNER ROAD, WORCESTER, WR2 4JB - £255,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE BUNGALOW is a midsized extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £255,000 in February 2024, which was around 39% below the average February 2024 detached price in the Worcester local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two THE BUNGALOW sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 19 FEB	£255,000	£419,414	39% below HPI
1998 27 NOV	£77,250	£102,861	25% below HPI

THE BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two THE BUNGALOW sales from November 1998 and February 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 116m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where THE BUNGALOW lies on this distribution: 56% of detached houses are smaller than THE BUNGALOW, and 43% of houses are larger. Note that EPC data is not available for all properties in Worcester.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of THE BUNGALOW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE BUNGALOW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE BUNGALOW?

THE BUNGALOW is located on SKINNER ROAD in WORCESTER, in the WR2 postcode district. The below map shows the position of THE BUNGALOW on SKINNER ROAD.